Trend Table for ARB - AltShares Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 17	B	Strong	Down	Up	Up	7.84%
Apr 14	C	Strong	Down	Up	Up	8.38%
Apr 13	C	Strong	Down	Up	Up	8.40%
Apr 12	C	Strong	Down	Up	Flat	8.74%
Apr 11	C	Strong	Down	Up	Up	8.76%
Apr 10	C	Strong	Down	Flat	Flat	8.99%
Apr 6	C	Strong	Down	Flat	Flat	9.36%
Apr 5	C	Strong	Down	Flat	Flat	9.32%
Apr 4	C	Strong	Down	Flat	Up	9.23%
Apr 3	F	Strong	Down	Flat	Up	9.47%